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20120925
20121003
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quo has not worked. we cannot afford four more years of barack obama and we are not going to have four more years of barack obama. we talked to cnbc host maria bartiromo about wall street's view of the economy. this is 50 minutes. >> host: joining us from our new york studio is a familiar face to anyone who is turned on cnbc, maria bartiromo who is the anchor of closing bell on that channel. maria bartiromo i want to start by asking about to headline this morning in "the wall street journal." the side-by-side numbers trouble ahead. this is about the drop in durable goods that was reported yesterday and the headline next to it is, obama trumpets revised job data, saying we are adding jobs. how would you describe our economy today? >> guest: i think right now the economy has worsened. you have got a jobs problem pretty severe and persistent. at 8.1% of the country without a job and of course we know that does not include those who have simply stopped looking so then employment rate is or like 11 or 12% of the country. you mentioned the durable goods numbers yesterday. that indicated thin
. in poland come the classic version is lighter in virginia than anyplace i've seen this year. obama is routinely pulling up 47, 40, 49, down 31, 30, 32. an enormous gap that underscores the changing class nature. >> the college-educated rights are much more favorable. >> going from 44 to 48. it's like 44, 32 last time. there is an enormous gap. and mcdonald showed the number of noncollege twice as i recall. right now obama has the edge because he has the edge nationally. is it represented state and we are now seeing routinely as kind of the average 85% of the people who vote for, are voting for the candidate and 85% of the people voting for romney are moving into a quiet side parliamentary system. i think the voters as well as legislators in a way to behave. so it's very likely whichever candidate wins the presidential race in virginia, the party will also win the senate race. >> one thing when you look at athletic voters in northern virginia, many are connected to the boom in public spending and i think that is also something that shapes your perception of the two campaigns. >> the
. that expires at the end of the year. let's see if i get through all components. state extenders, and 2342009 after president obama took office, the stimulus act included credits focused on low income families and families with kids in college. those were extended in 2010 and expire at the end of the year. there's the temporary cut in social security payroll taxes that was done as stimulus for 2011 and extended for 2012. in addition to all of those expiring tax provisions that got most of the attention from a fiscal ma crow economic point of view, something else we have are the beginning of the tax increases included in the 2010 health reform act. when you look at the debate over the fiscal cliff, the point here is to recognize there's actually a very diverse array of tax provisions under discussion, and that's important both for understanding the effects on american households, different households affected differently by the provisions, and at the low end, for example, the credits that were enacted in 2009 turned out to be very important as does the temporary cut in payroll taxes, temporary
, that is part of the response. and a lot of new issues come about. in the last 11 years, things have settled down and stabilize them and there is more political consensus to these views. look at what the obama administration is doing. it is not that different. not that different than many other ways that the bush administration did throughout the two terms, especially at the end. given that there is not consensus, that is one of the reasons that this is not an issue with the campaign, but i think it is also why things are a little bit more contingent in the national security act. >> thank you. >> any prediction for retirement at the end of the term? >> it depends on who the next president ends. obviously we have several justices who are getting older, but i think most of them would feel that if they were voluntarily retiring and not forced to do so by health concerns or some other extenuating circumstances, the honorable thing to do is retiring during the term that pointed you in the first place. so you could see justice ginsburg, now that she was accomplished, she was trying to make a reco
Search Results 0 to 3 of about 4